---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-070380"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:12:35.866627+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UGI issues $700M of 5.00% convertible senior notes due 2028 at $27.60 conversion

## Summary
- Issued $700M aggregate principal of 5.00% Convertible Senior Notes due June 1, 2028.
- Initial conversion rate 36.2319 shares per $1,000 principal (conversion price ~$27.60/share).
- Interest at 5% semi-annually on June 1 and Dec 1, first payment Dec 1, 2024.
- Initial purchasers fully exercised $90M option, included in the $700M total.
- Notes are senior unsecured; holders may require repurchase upon fundamental change.

## SEC filing metadata
- accession: 0001104659-24-070380
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000110465924070380/0001104659-24-070380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000110465924070380/tm2416498d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-070380
- JSON: https://secwatch.observer/filing/0001104659-24-070380.json
- Plain text: https://secwatch.observer/filing/0001104659-24-070380.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.